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First Rate Electrical Ltd

08527077

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

11 FOXTAIL WAY, CANNOCK, WS12 2FY
Incorporated 13/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Matthew Daniel Jordan

director · Since 13/05/2013

ELECTRICIAN

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Matthew Daniel Jordan

75–100% shares
75–100% votes

British · England · Age 43

11, Foxtail Way, Cannock, WS12 2FY

Notified 06/04/2016

CompanyRankvs 16579+ SIC 43210 peers
61

Financial strength57th percentile among SIC peers · 14/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£28k

Current Liabilities

£19k

Fixed Assets

£979

1avg. employees

Balance Sheet

Assets less current liabilities£11k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.52+£3k
20242.14-£8k
20232.63

Derived from filed accounts. Not audited figures.